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Fuji Heavy posts H1 op profit rise, seeks job cuts

Newswire

TOKYO, Nov 8 (Reuters) - Japan's Fuji Heavy Industries Ltd. , the maker of Subaru cars, posted a rise in half-year operating profits on Tuesday and said it would cut up to 700 jobs in a bid to turn its ailing operations around.

The headcount reduction would represent 5 percent of its workforce of about 14,000, and would be the first for

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